SME Loan

Flexible Loan Structures and Comprehensive Risk Management for SME Lending Success

miFIN™ SME Loan Platform is a powerful and flexible solution that enables financial institutions to launch and manage a wide range of SME lending products with speed and ease. Designed to support customized terms and diverse loan types, the platform offers dynamic calculation models, configurable fee structures, flexible repayment schedules, and comprehensive loan servicing options.

Built with a highly parameterized and configurable architecture, miFIN™ SME empowers NBFCs and Financial Institutions to go to market quickly with tailored lending products. It supports both collateral-backed and non-collateral-backed financing options, including Term Loans, Working Capital, Line of Credit, Bill Discounting, Trade Advances, and Construction Finance.

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Key Features

Comprehensive SME Loan Coverage

The platform supports various SME loan types such as structured loans, bullet repayments, line of credit, quarterly or half-yearly instalment loans, limit-based loans, and flexible repayment options.

Detailed Business Information Capture

The platform allows in-depth capture of customer and business-specific details for seamless customer onboarding. It also supports detailed profiles for guarantors and co-applicants, ensuring a complete view of customer creditworthiness.

Powerful Cash Flow Analysis

miFIN™ SME offers integrated financial checks and customizable frameworks to define and monitor customer credit limits. The system facilitates multi-limit structures for customers based on their business needs, with proper credit sanction approvals.

Portfolio Monitoring & Risk Management

Automated collateral and covenant tracking help financial institutions reduce risks and ensure compliance. The system also enables detailed portfolio monitoring for proactive risk management.

Loan Utilization Monitoring

miFIN™ SME enables financial institutions to capture and track loan utilization plans, ensuring that funds are used appropriately. The loan review utility provides checks and controls for mitigating risks associated with misuse.

Comprehensive SME Loan Coverage

The platform supports various SME loan types such as structured loans, bullet repayments, line of credit, quarterly or half-yearly instalment loans, limit-based loans, and flexible repayment options.

Detailed Business Information Capture

The platform allows in-depth capture of customer and business-specific details for seamless customer onboarding. It also supports detailed profiles for guarantors and co-applicants, ensuring a complete view of customer creditworthiness.

Powerful Cash Flow Analysis

miFIN™ SME offers integrated financial checks and customizable frameworks to define and monitor customer credit limits. The system facilitates multi-limit structures for customers based on their business needs, with proper credit sanction approvals.

Portfolio Monitoring & Risk Management

Automated collateral and covenant tracking help financial institutions reduce risks and ensure compliance. The system also enables detailed portfolio monitoring for proactive risk management.

Loan Utilization Monitoring

miFIN™ SME enables financial institutions to capture and track loan utilization plans, ensuring that funds are used appropriately. The loan review utility provides checks and controls for mitigating risks associated with misuse.

Why Qualtech

Enable Data-Driven Decision Making with
Advanced Reporting Capabilities

Set Up and Service Diverse Loan Products

Easily configure and service both simple and complex loan products with customizable credit appraisal policies, structured repayment plans, bullet repayments, and revolving interest loans.

Flexible Payment Appropriation Logic

Define and manage scheduled and unscheduled collections with configurable payment appropriation logics for greater control over repayments.

Customizable Loan Restructuring & Foreclosure

Tailor loan restructuring, closure, and foreclosure processes with definable conditions and logics to address diverse customer needs.

Event-Based Accounting Policies

Configure event-based accounting policies that provide real-time accounting updates, ensuring accurate and compliant financial reporting.

Bulk Transaction Management

Facilitate bulk uploads and transactions, reducing manual effort and improving operational efficiency.

Comprehensive Reporting Capabilities

Generate configurable reports for management, operations, portfolio, and finance to gain actionable insights and make data-driven decisions.